Bitcoin Forum

If BU died.

What would the price of btc be, 1 month after BU's death?

 ???

What does everyone think about this?

Would it be funny if BU died and the price of bitcoin shot up to $2,000+.

Would people laugh if the best thing BU could do to for the future of bitcoin, was to cease to exist?

https://bitcointalk.org/index.php?board=57.0

Such speculative questions are useless, and you're going to get a lot of answers from trolls & spammers. The only right answer is: Nobody knows.

To expand on my previous statement: "Nobody knows besides that it would create a big uptrend.". BTU gone + Segwit activated would return us to the bulltrend. Bitcoin was on its path towards $2000 already, but this was abruptly stopped by the BTU fork fear mongering.

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No one will tell you the right answer, we can only speculate about future bitcoin's price with or without BU.
BU death is not the end and wont fix scaling problems. It's foolish to expect that without Bitcoin Unlimited, SegWit will automatically win.

if BU died these will happen surely:
- the FUD will be removed, so price will bounce back up because of FOMO
- bitcointalk will be clear of 50 new topics everyday about the subject
- we will be back where we started! 30ish% SegWit and waiting.
- altcoin pumps will finally be over and they go back to being dead shitcoins

however $2000 price is not gonna happen :)
because BU dying doesn't magically create new demand for bitcoin. the issue right now is only FUD and panic that is causing the drop and prevention of rise.

BU is dead. Like Classic and XT before. But we shoudn't be complacent. I will not be surprised if Jihan Wu and Roger Vermin with his army of shills comes up with another attempt to take over Bitcoin

I predict the price will go up as bitcoin scales, so it would go up if segwit is activated, but it would go up more if we got a successful hardfork blocksize increase.
If a fork is not decisive and we end up with 2 forks indefinitely, then both would probably be worth much less than half.

- The next campaign against Bitcoin will be immediately started!

It's started already: BitcoinEC (as in emergent consensus ::) )


BUT

I think that maybe "this time it's different"


This is turning into "the boy who cried wolf", I think that even the few people who were swayed by BU or Classic etc won't buy this next coup attempt. So, I think everyone should start preparing for a whole different attack using a totally different angle. Who knows what that could be, but my suggestion would be to behave very carefully in general. Keep your eyes open, etc

I dont care at all if BU would die or would still go on and one thing comes to my mind about BU is that its just an another altcoin for me.Not to be harsh but i do believe on bitcoin no matter what and prices will surely goes up in the future no matter what happen into crypto currency world.

I'm just confused in the flow of information. I try to read all the news, but it's hard for me to understand where the truth is, and where it's a lie. Rumors about a fork are killing me  :'(

I wish they'd all just fuck off to be honest. These guys are stopping us all from making great profits.

It's hard to predict how exactly the situation will look like and how the Bitcoin will develope, there are so many speculations at the moment. No matter of final result I strongly beleive that vi will overcome the problems and challenges because by now it has become strong and stable enough, which was also proved with ETF, and the price will be on the way up again.

It looks like they are already dead.

Price of btc will recover to over $1300 which was the price before rumor about possible hard fork spread out.

Expect few miners all people looks like still support bitcoin core's segwit.

It will be amazing not funny  ;)

 ::) ??? ::)

Well for one thing a lot of new business models will open up new opportunities with SegWit & LN. You might see some applications then, that are

not possible now due to scaling issues. Once these applications was launched, it might just push up the price drastically. Talking to some people at

meetups, we have seen several people that are waiting for Bitcoin to scale to improve their business and they are saying BU will not suffice for the

level of growth they need to be successful. BU are blocking some projects that are placed on hold, until this thing is sorted out.  :(

if BU died and segwit was accepted, price would increase because there would be a scaling solution.
however, currently more miners are signaling BU than segwit.

But if segwit activates, there would be an even bigger problem down the road because the block size would come up again if segwit/ln didn't provide enough scaling.
Ln doesn't automatically do away with the need for larger blocks, in fact its efficiency doesnt really get going till later when many people are using it so they can take advantage of decrementing timelocks, afaik.

I fully agree, with the drama being omitted in the scene, Bitcoin moving forward, with scaling problem solved without hardfork, and off-chain, on-chain available for transaction,  there is no other way for Bitcoin but to move up!  The fear of traders will be gone once Bitcoin Unlimited is out of the picture ( I do not hate BU or whatever, this is just a mere observation).  Bitcoin need to compete with paypal and other payment processor if Bitcoin wants to be in mainstream, and we need LN for this.

i think it's safe to say unlimited won't be gaining much more traction but that won't do anything to make the market go up. maybe it'll bounce around doing not very much in relief but there's no reason for any more rises right now.

segwit would still be nowhere near activating so it would kind of be back to square one with a little less noise than before. let's see if everyone can find some middle ground to meet on. otherwise it's more of the same.

They are just wasting our time and making us loose a great deal of profits and I wish something changes for these guy to stop politicizing Bitcoin.